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601 71st Avenue
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PRICED AT ONLY: $3,795,000

Address: 601 71st Avenue, ST PETE BEACH, FL 33706

Description

WOW STOP THE CAR!!!! Come see The Lofts at St Pete Beach where Key West comes to life. This 12 room Inn comes with a short term rental license and sets the standard for the beach. This is not a remodel it is more of a new build and labor of love. To understand the details taken to do this project you will need to experience the property first hand. The upstairs is all new construction of the highest quality and downstairs is a complete renovation. The kitchens all have white shaker style cabinets and quartz countertops. All new construction and up to current codes including a new fire alarm and sprinkler systems, Come see more details on the website Theloftsatstpetebeach.com. Professionally decorated in the fun funky Key West theme for the most discerning traveler. Everything is in place website/booking software, billiing software, cleaning team etc... for the new owners to take over and starting making money. The first 12 months open has produced over a 550k in revenue with a 10 percent cap rate and 5 star reviews coming in over all sites. Just a short 5 minuite walk to the beach and many local spots on the number 1st beach voted on by Trip Advisor the location can not be beat. No expense has been spared on this transformation come see it today and you will agree

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Reduced
More Like This
  • MLS#: U8254968 ( Residential )
  • Street Address: 601 71st Avenue
  • Viewed: 84
  • Price: $3,795,000
  • Price sqft: $544
  • Waterfront: No
  • Wateraccess: Yes
  • Year Built: 1956
  • Bldg sqft: 6976
  • Garage / Parking Spaces: 2
  • Days On Market: 334

Description

WOW STOP THE CAR!!!! Come see The Lofts at St Pete Beach where Key West comes to life. This 12 room Inn comes with a short term rental license and sets the standard for the beach. This is not a remodel it is more of a new build and labor of love. To understand the details taken to do this project you will need to experience the property first hand. The upstairs is all new construction of the highest quality and downstairs is a complete renovation. The kitchens all have white shaker style cabinets and quartz countertops. All new construction and up to current codes including a new fire alarm and sprinkler systems, Come see more details on the website Theloftsatstpetebeach.com. Professionally decorated in the fun funky Key West theme for the most discerning traveler. Everything is in place website/booking software, billiing software, cleaning team etc... for the new owners to take over and starting making money. The first 12 months open has produced over a 550k in revenue with a 10 percent cap rate and 5 star reviews coming in over all sites. Just a short 5 minuite walk to the beach and many local spots on the number 1st beach voted on by Trip Advisor the location can not be beat. No expense has been spared on this transformation come see it today and you will agree
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Features
Building and Construction
  • Builder Name: Grandeur Homes
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Lighting, Outdoor Kitchen, Rain Gutters
  • Flooring: Carpet, Tile
  • Living Area: 3133.00
  • Roof: Tile
Land Information
  • Lot Features: Interior Lot, Irregular Lot
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: Heated, In Ground, Salt Water, Screen Enclosure
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Propane, Sewer Connected, Underground Utilities, Water Connected
Amenities
  • Association Amenities: Clubhouse, Dock, Fitness Center, Gated, Pool, Private Boat Ramp, Sauna, Trail(s)
Finance and Tax Information
  • Home Owners Association Fee Includes: Guard - 24 Hour, Maintenance Grounds
  • Home Owners Association Fee: 468.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2019
Other Features
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Wine Refrigerator
  • Association Name: Palm Coast Plantatio
  • Association Phone: 386-493-0791
  • Country: US
  • Interior Features: Ceiling Fans(s), High Ceilings, Solid Surface Counters, Walk-In Closet(s)
  • Legal Description: PALM COAST PLANTATION PUD UNIT 4 LOT 47 OR 971 PG 1044 OR 1555/968 OR 1980/1561
  • Levels: Multi/Split
  • Area Major: 32137 - Palm Coast
  • Occupant Type: Owner
  • Parcel Number: 2711314894000000470
  • Possession: Close of Escrow
  • View: Water
  • Views: 84
  • Zoning Code: PUD
Nearby Subdivisions
Bahia Shores   Bahia Shores 2nd Add   Bahia Shores 3rd Add   Bahia Shores 4th Add   Bayside 2nd Add To St Pete Bea   Bayside Add To St Pete Beach   Beach Plaza Sec Of St Pete Bea   Belle Vista Beach 1st Add   Belle Vista Beach 2nd Add   Belle Vista Point 2nd Add   Belle Vista Shores   Boca Ciega Isle   Brightwater Beach Es   Brightwater Beach Estates   Colonial Corp Rep   Don Cesar Place   Gulf Strand Resort Condo   Jacaranda Beach Villas Condo   Lido Beach 1st Add   Lido Beach Sub   Morey Beach   North   North Pass-a-grille Sec A   North Passagrille Sec A   Passagrille Beach Condo Ph I C   Phillips Div Rev Map   Punta Vista Bennett Beach   St Petersburg Beach 1st Add   St Petersburg Beach North   St Petersburg Beach North Unit   St Petersburg Beach Rep   Sunset Park Rep   Three Palms Point   Vina-del-mar Sec 2 Add   Vina-del-mar Sec 2 Page 1   Vina-del-mar Sec 4   Watsons Rep Of Tr 5   Websters Map Warren  
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